Sec. 490.156. AUTHORIZED EXPENSES

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(a) A person receiving money from the fund under this subchapter may use the money to expedite commercialization that will lead to an increase in high-quality jobs in this state and shall use the money in accordance with a contract between the person and the office of the governor.
(b) Authorized expenses under this section include salaries and benefits, travel, consumable supplies, other operating expenses, contracted research and development, capital equipment, construction or renovation of state or private facilities, and workforce training.

Added by Acts 2005, 79th Leg., Ch. 280 , Sec. 1, eff. June 14, 2005. Amended by: Acts 2007, 80th Leg., R.S., Ch. 852 , Sec. 14, eff. September 1, 2007.

                    
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